Showing 1 - 10 of 596
When measuring income inequality over long periods of time, accounting for population and productivity growth is … that the U-shaped inequality trend over the past century holds up, but with important qualifications. Using measures that …-term income inequality trends. …
Persistent link: https://www.econbiz.de/10011939792
We introduce permanently-shifting income shares into a standard growth model with two types of agents. Capital owners represent the top quintile of U.S. households while workers represent the remainder. Our tractable model allows us to exactly replicate the observed U.S. time paths of the top...
Persistent link: https://www.econbiz.de/10011343080
This paper analyzes the impact of fiscal federalism on income inequality and redistribution. Theoretically … consider the interdependence of decentralization and fragmentation as inequality decreasing effects of decentralization are …
Persistent link: https://www.econbiz.de/10011942832
generates small welfare gains. As the price of robots falls, inequality rises but the robot tax and its welfare impact become …
Persistent link: https://www.econbiz.de/10011926330
Preserving environmental quality and addressing economic inequality both feature prominently in public discourse … consider interactions with the other. We synthesize theoretical mechanisms that underpin inequality-environment interlinkages … distribution of environmental amenities and dis-amenities is associated with income and wealth, second, how economic inequality …
Persistent link: https://www.econbiz.de/10012694139
The highly dynamic nature of the COVID-19 crisis poses an unprecedented challenge to policy makers around the world to take appropriate income-stabilizing countermeasures. To properly design such policy measures, it is important to quantify their effects in real-time. However, data on the...
Persistent link: https://www.econbiz.de/10012383744
We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle in-come...
Persistent link: https://www.econbiz.de/10012231585
, escalating income inequality. Policy simulations indicate government support measures mitigated wage income reduction and … unemployment rise, yet they contributed to income inequality under certain conditions. These results provide insight into the …
Persistent link: https://www.econbiz.de/10014310061
offset furlough-induced income reductions. This creates wealth inequality but lowers the probability a furloughed worker …
Persistent link: https://www.econbiz.de/10012619269
Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth …
Persistent link: https://www.econbiz.de/10012597127